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FY2029 Earnings Forecast for TSE:MDP Issued By Raymond James

Medexus Pharmaceuticals logo with Medical background

Medexus Pharmaceuticals Inc. (TSE:MDP - Free Report) - Research analysts at Raymond James issued their FY2029 EPS estimates for Medexus Pharmaceuticals in a research report issued to clients and investors on Tuesday, November 19th. Raymond James analyst R. Sarugaser forecasts that the company will post earnings per share of $0.89 for the year. Raymond James has a "Outperform" rating and a $4.00 price objective on the stock. The consensus estimate for Medexus Pharmaceuticals' current full-year earnings is $0.16 per share.

Other equities analysts have also issued reports about the company. Stifel Canada upgraded Medexus Pharmaceuticals from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, August 12th. Leede Financial set a C$8.25 price target on Medexus Pharmaceuticals and gave the company a "speculative buy" rating in a research note on Monday, September 30th. Finally, Stifel Nicolaus increased their price objective on Medexus Pharmaceuticals from C$3.00 to C$3.50 and gave the stock a "buy" rating in a report on Thursday, August 22nd. Three investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$5.25.

Read Our Latest Research Report on MDP

Medexus Pharmaceuticals Price Performance

Shares of Medexus Pharmaceuticals stock traded down C$0.02 during trading hours on Thursday, hitting C$2.13. The company's stock had a trading volume of 31,229 shares, compared to its average volume of 41,537. The company has a market capitalization of C$52.25 million, a PE ratio of 43.20 and a beta of 1.96. The stock has a 50 day moving average of C$2.47 and a 200 day moving average of C$2.19. Medexus Pharmaceuticals has a 12 month low of C$1.44 and a 12 month high of C$3.16.

About Medexus Pharmaceuticals

(Get Free Report)

Medexus Pharmaceuticals Inc operates as a specialty pharmaceutical company in Canada and the United States. The company focuses on the therapeutic areas comprising oncology, hematology, rheumatology, auto-immune diseases, allergy, and dermatology. Its primary products are IXINITY, an intravenous recombinant factor IX therapeutic for use in patients 12 years of age or older with hemophilia B; Rasuvo and Metoject, a formulation of methotrexate designed to treat rheumatoid arthritis and other auto-immune diseases; Rupall, a prescription allergy medication; and Gleolan, an optical imaging agent indicated in patients with glioma as an adjunct for the visualization of malignant tissue during surgery.

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Earnings History and Estimates for Medexus Pharmaceuticals (TSE:MDP)

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